Protonex Technology Corporation

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Description

Protonex develops and manufactures high-performance, long-duration fuel cell power systems for portable and remote applications in the 10-500W power range. The Company delivers our patented fuel cell technology in three distinct platforms. This approach enables both military and commercial customers to seamlessly integrate Protonex fuel cell systems into a wide range of customized power solutions.Since its inception, Protonex has received significant funding and numerous development awards from leading venture capital firms as well as from the U.S.military. Our path to commercialization has also been accelerated by the strategic relationships we have established with companies such as Millennium Cell and Parker Hannifin Corporation. Today, Protonex is the leading provider of portable fuel cell power solutions.At scale production, the pricing of Protonex' fuel cell systems will be competitive with that of existing battery and internal combustion engine technologies. In addition, in many applications our technology delivers significantly better performance, which will allow the creation of entirely new classes of portable power applications not attainable by traditional power sources such as batteries and small generators. This overarching vision - to provide enhanced performance and manufacturability at a low price - has guided Protonex to develop fuel cell systems that are not only best-in-class on most performance metrics, but are also significantly less expensive than any portable power system currently on the market.

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